Brookfield Says It Lined Up Backers for New AI Strategy (2)

Brookfield Asset Management said it has already secured investors and deals for its new artificial intelligence infrastructure strategy, as it positions itself to gain from what it sees as a multitrillion-dollar opportunity.

“The biggest opportunity is the role that private capital can play in funding the significant buildout of AI infrastructure in this country and around the world,” President Connor Teskey said in an interview with Bloomberg TV on the sidelines of the firm’s investor day Wednesday.

Brookfield said in August that it’s debuting a dedicated strategy focused on developing infrastructure for AI amid a boom for data centers. The ...